I notice that there are currently 162 BIB.PIRATE bonds offered at 1.03 BTC each (it's not me selling). I'd like to point out that taking into account the accumulated coupon, that is less than par value, so your running yield will be greater than 6.75 %. Grab yourself a bargain!

I expect to be able to announce full details around the middle of the month, but my current plan is to establish a mechanism to exchange BIB.PIRATE bonds for BS&T Trust Sub-Accounts when they become available. Full term and conditions, including minimum balances and interest rates will be announced later, but, at this stage, I expect the higher interest-paying accounts to still earn 6.75 %.

Hi all, just a quick note to let you know that over the next couple of days I will be travelling to Europe, so I may be a bit slow responding to PMs. I should be back on line in time for the next cut off and interest payment, but please take this into account if you wish to make a deposit so that you can get a deposit address in time.

Hi all, just a quick note to let you know that over the next couple of days I will be travelling to Europe, so I may be a bit slow responding to PMs. I should be back on line in time for the next cut off and interest payment, but please take this into account if you wish to make a deposit so that you can get a deposit address in time.

I've arrived in Europe but am having issues getting the Internet to work on my computer. I am writing this from my phone. I'm not able to see whether pirate's payment has gone out.

I'm also severely jet-lagged so it is probably best that it waits until I am again able to think straight.

Update: I have got Internet working and am catching up on the block chain, but need to leave in about 20 minutes. I should be able to make payments tonight when I get back. Sorry everyone for any inconvenience.

Just a quick heads up that I will travelling tomorrow around the time pirate's payout usually comes. Hence, I will bring forward the cutoff time for wholesale deposits/redemptions to 8 am UTC. I should be able to access internet at a friend's place where I will be staying, but if that doesn't work out I may need to visit an internet cafe and payments could be expected on Tuesday. Just giving forewarning so there is no panic if I am out of contact.

Just a quick heads up that I will travelling tomorrow around the time pirate's payout usually comes. Hence, I will bring forward the cutoff time for wholesale deposits/redemptions to 8 am UTC. I should be able to access internet at a friend's place where I will be staying, but if that doesn't work out I may need to visit an internet cafe and payments could be expected on Tuesday. Just giving forewarning so there is no panic if I am out of contact.

Regards,Brendio.

Internet funktioniert gut so I was able to make the dividend payment in a timely fashion and process a withdrawal request.

Can you comment on your plans for this issue in the event that Pirate actually pays everyone back Brendio?How would it proceed, with a bid wall, transfer to you, GLBSE's forced buyback feature, etc.Would you return whatever Pirate pays you per bond with interest, share+interest-0.0025, etc?

Can you comment on your plans for this issue in the event that Pirate actually pays everyone back Brendio?How would it proceed, with a bid wall, transfer to you, GLBSE's forced buyback feature, etc.Would you return whatever Pirate pays you per bond with interest, share+interest-0.0025, etc?

Thanks

At this stage, I think the forced buyback feature would be the best option, but would need to talk to Nefario about the finer details.

I will be heading into the Black Forest tomorrow. I'm not sure whether I will have internet access or not. On the weekend, I will be staying with friends and should have access again, but I would also like to catch up with them and not be checking my bitcoin client every 5 minutes to see whether pirate has returned the funds, so there may be delays, depending on when it occurs.